N.A.S.D. AVv/vRD NATIONAL ASSOCIATION OF SECURITIES DEALERS In tne Matter of the Arbitration Between Name of Claimant/Counter-Respondent Control Specialties Inc. 92-02210 Name of Respondents/Counter- and Third-Party Claimants First City Brokerage Company; First City, Texas-Houston N.A. Third-Party Respondent R. R. Pennington, Jr. REPRESENTATION For Claimant/Counter-Respondent: Control Specialties Inc. was represented by Brent Spivey,

N.A.S.D. AWARD NATIONAL ASSOCIATION (OF SECURITIES DEALERS In the Matter of the Arbitrate* Between Bert and Roberta Hoffman 92-02206 Name of Reapo-adents Shearson Lehman Brothers. lot., f/k/a Shearson Lehman Huttoo. Inc.,, a/k/a/ Lehman Brothers; Nick DiMinfco For Claimants: Roberta and Btrt E. Hoffman (collectively "Hoflman") were represented by Morris Tabak. Esq. of Frank Shaw & Associates, in Houston, Texas. For Respondents: Shearson

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Texas First Securities Corporation 92-02205 Name of Respondent Texas Enfield. Inc. REPRESENTATION For Claimant: Texas First Securities Corporation was represented by James R. Snell, Esq. of Liddeil, Sapp, Zivley, Hill & Laboon, L.L.P., located in Houston, Texas. For Respondent: Texas Enfield, Inc. was represented by Robert Kell

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Anne, Louis, Louis V. & Michael Mazzella 92-02200 Name of Respondents Dean Witter Reynolds Inc. Paul Cantatore REPRESENTATION For Claimant: Joseph R. Gagliano, Jr., Esq. of Squadron, Ellenoff, Plesent, Sheinfeld & Sorkin, LLP located in New York, New York. For Respondents: John M. Vassos, Esq. of Morgan, Lewis & Bockius lo

N' A 5 D A'vV.ARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In me Matter or :ne Aroitraciun Between Name or Claimant N'eena Rani Gupta 92-01199 Name of Respondents Nf ay fair Securities. Limited Marcus Figuetrado Jack Maddock REPRESENTATION For Claimant. Meena Rani Gupia ("Gupta"): Mark A. Tepper. Esq. of the law office of Mark A. Tepper. Hollywood. Florida. Respondents. Mayfair Securities. Limited ("Mayfair"), Marcus Figueirado

PUBLIC N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Michael L. Carroll 92-02191 Name of Respondents Hibbard Brown & Co.. Inc. Daniel K. Kaye CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. en July 2, 1992, Claimant Michael L. Carroll, who appeared Pro Se, alleged that he became involved with Respondent Hibbard Brown & Co., I

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between u/w/o Ronald B. Goodman ttee f/b/o Lambertus R. P. Schoonheim Ryk & Doireann Schoonbeim 92-02177 Name of Respondents Shearson Lehman Brothers, Inc. Mark Drocker For Claimant: Philip T. Simpson, Esq. of the law firm of Robinson Brog Leinwand Reich Genovese & Gluck P.C. For Respondents: Shearson Lehman Brothers, Inc. and Mark Drucker Edward N

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Robert S. Lea and Claire Lee 92-02176 Independent Financial Consultants, Inc. Thomas B. Strickland For Claimant Robert S. L0e and Claire Lee ("Lee"}: William 3, Schlfino, Jr., Esq. of Williams, Reed, Weintfeta, Schiflno ft BAnKme, P.A. For Respondent*: Independent Financial Conmltaati, Inc. ('Independent") and Thooiu E. Strickland ("Strtekhuxl'')

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Albeit N. Tognazzi Case No. 92-02175 Name of Respondents PmdenriaJ-Bache Securities Inc. Janes Genz RKERJSSENTAT1ON For Claimant, Albert N. Tognazzi ("Tognazzi"): For Respondent, Prudential Securities, Inc. ("Prudential") and. James Gertz ("Gertz"): CarJa L. Brown, Esq. of Honigman Miller Schwartz and Cohn. CASE INFORMA

N.A.S.D. REGULATION, INC. AWARD NASO Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name Edward C. and Lucille Jana 92-02173 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc.; Paul Waigand AWARQ REPRESENTATION OF PARTIES For Claimants: Norman Rifkind, Esq. of Lasky & Rifkind, Chicago, Illinois For Respondents: Peter A. Cantwell, Esq. and Stephen F. Boulton, Esq. of Cantwell & Cant